Streetbeat News

Revenues

GILT

Gilat Satellite Networks has secured contracts worth around $5 million from various U.S. defense organizations, indicating a strengthening of its position in the defense sector.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:30 am

ICLN

The transition to net-zero emissions by 2050 could cost $78 trillion, according to Wood Mackenzie. The report outlines four pathways for energy transition, emphasizing the need for substantial investments in renewable energy and critical minerals. iShares Global Clean Energy ETF (ICLN) is down 16.12% year-to-date, reflecting challenges in the clean energy sector.

Portfolio Pulse from Stjepan Kalinic

October 30, 2024 | 11:28 am

BLKB

Blackbaud has revised its 2024 financial guidance, lowering its GAAP revenue and adjusted EPS expectations. The company now anticipates GAAP revenue between $1.15B and $1.16B, and adjusted EPS between $3.98 and $4.16, both below previous estimates.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:24 am

VRSK

Verisk Analytics has reiterated its fiscal year 2024 outlook, projecting revenues between $2.84 billion and $2.90 billion, compared to the $2.87 billion estimate. The company also expects adjusted EPS to range from $6.30 to $6.60, against a $6.56 estimate.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:23 am

EXTR

Extreme Networks has provided its Q2 FY25 guidance, expecting revenue between $273M-$283M, surpassing estimates of $260.55M. Adjusted EPS is projected at $0.16-$0.20, above the $0.12 estimate. For FY25, revenue is expected to be $1.117B-$1.137B, slightly above the $1.12B estimate.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:20 am

ACMR

ACM Research disclosed preliminary shipments valued between $245 million to $255 million, indicating a year-over-year growth of 15% to 19%.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:19 am

ACMR

ACM Research announced preliminary unaudited revenue for Q3 2024, ranging from $200M to $203M, marking a 19% to 20% increase.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:19 am

REYN

Reynolds Consumer Products has released its Q4 2024 financial outlook, expecting net revenues between $945M and $985M, and adjusted EPS between $0.56 and $0.60, surpassing previous estimates.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:18 am

GXO

GXO Logistics has announced that its new 36,000 square meter multi-tenant warehouse in Dormagen, near Düsseldorf, is now at full capacity. This marks a significant milestone in the company's growth strategy in Germany.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:17 am

REYN

Reynolds Consumer Products has updated its 2024 financial outlook, slightly adjusting its net revenue and EPS estimates. The company now expects net revenues between $3.62B and $3.66B and adjusted EPS between $1.66 and $1.70.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:15 am